Bitcoin Forum
July 05, 2024, 01:17:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 [181] 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 »
3601  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2018, 11:07:25 PM
That was the dip. Now we rip up.
A retest of $3.81k for support might happen first...just sayin.
3602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2018, 10:40:48 PM


Just looked at Craig Wright’s Twitter & his tweets are now ‘protected’. You can only see them if you follow him.
I wonder why he’s done that, too much trolling?
When can we declare BCH & SV absolute, 100% failures?



epic peace in stepbrother LoL Grin

Hard to call when said entities possess 10 figure pry bars..but I would have to say the writing is on the wall. I suppose it will be in 2020 when it all become much more apparent.

I don't know this author or this rag..but interesting none the less.

https://www.cryptoglobe.com/latest/2018/12/etoro-to-pay-out-bitcoin-sv-holders-in-fiat-currency-not-obligated-to-support-forks/

------


Apologies for veering into politics, but this is my number one problem with conservatives. They aren’t conservative enough.

They don’t give a damn about any problem that is more than 10 years in the future.  Including problems they are creating today.

Classic example:  a conservative faction was elected to the local government.  One of the first things they did was allow a tire waste dump to be created next to the airport.  The dump had been blocked previously.  But the conservatives were “cutting red tape”.

Of course the tire dump is an aviation hazard if it ever caught fire.  So the owner is “bankrupt” and now the dump is being cleared out at taxpayer expense.  And the conservative politicians that approved it are long gone. It happens over and over again, private profit at taxpayer expense. 

The hypocrisy and intellectual dishonesty on both sides has reached comical levels.  What passes for "discourse" begins at essentialization and name-calling, devolving from there.

This is one of the, very few, forums where I have actually witnessed anyone reconsider an entrenched belief.

Truly, it is the end of days.

No apology necessary or wanted...except from corrupt politicians and corporate shills.

Its like this government shut down the USA is having right now...everyone involved needs to be fired..period. Its like a kindergarten class or worse perhaps..."I am not going to talk to you anymore because you are saying something I dont like".

These are the "supposed" leaders of the free world...smh.
3603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2018, 09:46:17 PM

There is no density problem at all.

Fusion is estimated to be around 10 million times more efficient as classic fossil energy.

Basically it looks like this:

Fossil x1 million ~= nuclear fission x 10 ~= nuclear fusion x100 ~= matter/antimatter annihilation

You are correct with regard to energy production.  Transfer, storage and consumption are where density becomes a problem.


Would you rather live in the stoneage?


Yes, I think the late bronze age would be a very fulfilling time to be a human being.  I understand and accept that this is a personal aesthetic opinion, but I find it far preferable to the miasmatic dystopia I observe around me.



I mean with fusion energy abudant we will be able to colonize space and at least have an exit strategy in case our earth is destroyed.


in case?

Its nothing short of shear recklessness on the highest order to make reactors with a service life of a hundred years at the maximum, and to have materials power it with a half life of a hundred thousand years or more. The same narrative by the same entities over and over ad nausem driving this planet towards a toxic waste heap. It is a big ask to assume viable long term custodianship over many generations of such a hazardous technology.

Fossil fuels are actually incredibly inefficient due to the second law of thermodynamics. Even with a perfect Carnot cycle efficiency has a hard limit of 78%. Modern internal combustion heat engines typically are much less than this ideal cycle and can have up to 50% less efficiency on average.

We have a near perfect energy source just sitting overhead that produces more energy per second then the entire human race combined has used. Every square meter of the upper atmosphere receives 1.367kWh of solar energy every hour, every day..year after year. It really seems dumb to me not to harness that for humanities benefit.

I desire to see the energy cartels disrupted as much as the banking cartels. Go environmental responsibility. Go solar. Go bitcoin.   
3604  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2018, 07:57:06 PM
Well hello you..

Bounced hard off resistance at the $4.1k level. The consolidation at the mid point of the previous rally might indicate an attempt to climb another rung in the ladder upwards.
1h


4h



In the longer term things look fairly exciting. My most pessimistic projections indicate bitcoin should at least double in fiat price over the next 12 months or so. Remember, remember the 5th of November.
W

#stronghands2019
3605  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2018, 09:16:16 AM
I don't think the author is fudding.  I don't know how many qbits it would take to make an attack on early addresses feasible, but those qbits are certainly coming eventually.

I did the math once.  If we pointed all of the world's computing resources at hashing, it would take us until the heat death of the universe many times over before we cracked a single early address. 

Current QC is a joke. 

Eventually is a really long time away.

Even if proper QC was invented tomorrow, we could just hard fork to a QC hash algo.


You can be sure the NSA will have advanced QCs years before anyone else. They could have all addresses cracked before anyone even knows they're capable of doing so.

now that is my brand of tinfoil

Quantum computing is almost as much as a buzz word as blockchain. Many like to throw the term around yet do not fully grasp the concepts that are involved.

If you have a basic grasp of physics you can skip down to the article cited below..if not this video might help at least get you familiar with the basics. It presents 5 different levels of a persons understanding of what a quantum computer is and isn't. This is a sort of fluff piece by Wired and it came out several months ago I believe but is still relevant. The growth in this field over those few months is astounding and the constant innovation is eerily similar to what classical computing experienced at first. I am not sure if Moore's law will be applicable but it is growing extremely fast and I would expect within 10 years there will be a functioning usable machine capable of factoring large primes.

https://www.youtube.com/watch?v=OWJCfOvochA


One of the current key problem's is fault tolerance. Another is keeping coherence at a steady state. These problems are getting solved and more reliable and robust systems are being built. Which leads us to the cutting edge..
Quote
Abstract

Topological insulators are materials that have a gapped bulk energy spectrum but contain protected in-gap states appearing at their surface. These states exhibit remarkable properties such as unidirectional propagation and robustness to noise that offer an opportunity to improve the performance and scalability of quantum technologies. For quantum applications, it is essential that the topological states are indistinguishable. We report high-visibility quantum interference of single-photon topological states in an integrated photonic circuit. Two topological boundary states, initially at opposite edges of a coupled waveguide array, are brought into proximity, where they interfere and undergo a beamsplitter operation. We observe Hong-Ou-Mandel interference with 93.1 ± 2.8% visibility, a hallmark nonclassical effect that is at the heart of linear optics–based quantum computation. Our work shows that it is feasible to generate and control highly indistinguishable single-photon topological states, opening pathways to enhanced photonic quantum technology with topological properties, and to study quantum effects in topological materials.

Quote
Topological photonics has the advantage of not requiring strong magnetic fields and features intrinsically high-coherence, room temperature operation and easy manipulation.

http://advances.sciencemag.org/content/4/9/eaat3187



Quote
"A lot of researchers are talking about quantum information processing with photons, and even using frequency," said Lukens. "But no one had thought about sending multiple photons through the same fiber-optic strand, in the same space, and operating on them differently."

https://phys.org/news/2018-12-block-quantum.html

 

The assembly language's are being crafted right now..it is waiting for quantum softwares and algorithms to be written for it's use. 
3606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2018, 08:18:53 PM
Not much support at this level. I think we will test the -0.236 fib area soonish. Keep an eye on the RSI for a bounce at sub 30ish. #hodl

4h

#stronghands2019
3607  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2018, 09:02:38 PM
Dammit, roachie-poachie is screwed....  Grin

Interestingly enough from what I read, silver seems to be relatively inert to this process for now. This is not making gold bars out of thin air..this is something that might be useful in certain chemical processes found in heavy industry. Thereby lower production costs hopefully. Something to keep an eye on in the long term I suppose.
3608  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2018, 08:18:22 PM
A man needs a name.


----------


MSM on top of of things as usual...   I have also noticed some articles are trying to correlate BCH and Litecoin..serious wtf.
----------

Interesting alchemy..

http://advances.sciencemag.org/content/4/12/eaau3275

Quote
Abstract

The control of product distribution in a multistep catalytic selective hydrogenation reaction is challenging. For instance, the deep hydrogenation of dimethyl oxalate (DMO) is inclined to proceed over Cu/SiO2 catalysts because of inevitable coexistence of Cu+ and Cu0, leading to hard acquisition of the preliminary hydrogenation product, methyl glycolate (MG). Here, the oriented DMO hydrogenation into MG is achieved over the sputtering (SP) Cu/SiO2 catalysts with a selectivity of more than 87% via freezing Cu in a zero-valence state. Our density functional theory calculation results revealed that Cu0 is the active site of the preliminary hydrogenation step, selectively converting DMO to MG via •H addition, while Cu+ is a key factor for deep hydrogenation. The prominent Coster-Kronig transition enhancement is observed over SP-Cu/SiO2 from Auger spectra, indicating that the electron density of inner shells in Cu atoms is enhanced by high-energy argon plasma bombardment during the SP process. Thus, the “penetration effect” of outermost electrons could also be enhanced, making these Cu nanoparticles exhibit high oxidation resistance ability and present noble metal–like behaviors as Au or Ag. Therefore, the regulation of Cu chemical properties by changing the electron structure is a feasible strategy to control the hydrogenation products, inspiring the rational design of selective hydrogenation catalysts.

tl;dr  While not exactly transmutation of copper to gold it is pretty damn close and might have a profound impact on industrial usage down the road.
3609  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 26, 2018, 05:55:23 PM
Trod craefully for thou art crunchy and taste good with ketchup.


------------
Good morning guys. I hope everyone had a wonderful Christmas. I sure did, it was very relaxing and peaceful. I feel ready to face a New Year.
The Market seems confused this morning as bitcoin floats in the $3.8k range. A rally in legacy markets appears to be sucking some of the juice out of the cryptoverse as a correlation continues. All of this is leading to mixed signals with noisy resolution.
My take is that we will float mostly sideways in this range and try to finish out the month on a good note and in the green. I would not expect much more than that at this point and further declines are not ruled out.
#dyor

Reverse bart?
30m


Left shoulder?
1h


Strong support along the 0.236 fib still hodling.
4h


A slight weakening in the Cloud ahead of us leads me to believe we will finish out the rest of the year with a soft bang.
D

#stronghands2019
3610  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2018, 05:37:38 PM
I want the Mayor back

Yeah, it's Xmas and no sign of him... where the fuck he is?

Been busy. Had a bunch of pride to catch up on swallowing.


Season's greetings, you degenerates.


Merry Xmas


-----------

Good morning.

The miasma in this thread is getting thick again..making it hard for me to breath. Time to head for the hills and some time at the cabin for a white xmas.

Lesser bart having a bad hair day. Santa still appears to be on time and might be bringing a bit more joy to all the faithful hodler's out there. Higher highs and higher lows sitting on a whisper thin thread of support. In spite of this we continue to ladder upwards...tread craefully out there minnows.
1h


D


3611  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 24, 2018, 07:18:23 AM
Local top reached short short term. Consolidation to follow. Btd's

30m


Looking into next week and Bitcoins 10th anniversary. Cautiously optimistic. #dyor
4h

#stronghands2019

-----

Merry Christmas all, have a safe and happy holiday.
3612  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 07:20:52 PM

Proof of Keys on Jan. 3 Gains Traction


What do you think about this?

I believe if you are not in possession of your private keys you really don't "own" bitcoin. Keeping your coin on exchanges is a non-trivial risk at best.

That being said, I have kept a small portion of my coin on certain exchanges for limited amounts of time at various points of accumulation.

I suppose I am distrustful by nature, part of me questions this. Is this just an attempt at chain analytics? Be that as it may..use proper security measures if you choose to participate.(ie dont reuse addresses ect)


Guess the booze

I was going to say a amstel and a cuba libre, but the drink your lady has appears too dark.

Kanpai!
3613  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 05:43:33 PM
Fundamentals of BTC can not be properly quantified right now, hence a market without "obvious" fundamentals.
Huh?  Why does it matter?  I recall taking courses in economics, and I would frequently criticize some of the theories for attempting to place too much quantification on various aspects of human behaviors, but it does not hurt to make attempts and in the end, some people are going to be better (and more accurate) at such quantifications than others, even while there are going to be areas of uncertainties and even, perhaps, misplaced concreteness.


In stocks you can calculate (or just read) almost all the data you need to project revenue and profits and thus a band for your ROI.

Of course, the longer the history and the more mature (and even comparable) the asset class is going to cause predictive models to be more accurate.


With crypto this is completely and utterly impossible right now.

Never say never.

You seems to be creating more futility than is warranted with your statement of absolutisms, here.


Which is also why the market is doing its usual technicals driven ups and downs with no obvious walls given by fundamental analysis.

Huh?  You are losing me.

From my understanding, our current BTC price dynamics is experiencing a considerable amount of price battle, which is demonstrated by recent increases in trade volume (measured in dollars), so there is a price battle going on and we will find out which way the price goes from such battle.  Does not seem to be different from the usual bitcoin situation, and many folks who watch the bitcoin space are going to understand that it becomes much more difficult for any small group to manipulate BTC prices when trade volumes are high.  In other words, it is going to cost a lot of fucking money (or value) to manipulate BTC prices during times like these (high trade volume) times, yet such high costs of manipulation and push also can have some potential for considerable profits for one side or the other to experience considerable gains if such side can get the BTC price to break into their preferred direction.

So there is frequently uncertainty regarding which way such price battle is going to play out including the current price battle, but that does not mean that there are not tools that peeps have in order to attempt to predict both the direction outcome and the degree in which it will break, assuming that it breaks (which is also not certain, because it could just end up going sideways and the battle reaches a truce, which seems like the lesser of the likely outcomes during periods in which the trade volume picks up like it currently has picked up).
Economics is a joke that has, in its current form, no place at institutions of higher education.



You're conflating two things here. More below.



With no word have I said 'never'. I specifically pointed to the current state of crypto, which makes fundamental analysis (beyond mining cost) completely impossible. Hence, no obvious fundamental value that can give you any idea of where we are currently standing.



As said, you're conflating all of my post with the chart drawing you see most of in these places (crypto). The chart drawing and analysis is part of a branch called technical analysis. It tries to identify trends and shifts in market psychology.
What I was talking about is fundamental analysis, which is much more objective (to the point of accuracy of data) as it analyses underlying assets, costs, profits, revenue as well as risk and opportunity premiums and so on of a business.
Thus, fundamental analysis gives you an objective value of a company, around which the stock price fluctuates.

Technical analysis tries to quantify the fluctuations (stemming from market psychology and the implied trader behaviour).

Bitcoin's price stands almost exclusively on the emotional and speculative leg of technical analysis right now, and that won't change until we get to a scenario where "Y proportion of X market" is traded against BTC. This is also why Bitcoin went from 20k to 3k. Because technicals pointed towards that being the likely outcome (note that nothing will ever give you the exact numbers without).
If Bitcoin could be assigned a fundamental value of $10k we would've most likely not seen a significant drop below $10k, as FOMO would kick in and revert the price towards its fundamental value. Similarly, it would retrace from $30k to $20k if the latter was its fundamental value, as people would sell in order to buy back at a price closer to the "real" value.
Technical indicators give you a confidence interval for the deviation from the fundamental value as well as the speed of convergence towards it. But since that doesn't exist in Bitcoin, a quasi-fundamental value is given mostly by mining price + moving averages (technicals). Hence, it doesn't matter if Bitcoin is more "mature" until a fundamental value is near universally agreed upon by global markets and easily identifiable. It'll keep trading more or less the same until then.

P.S. The 'battle' is mostly just trading based on technicals with some people getting caught in between and making up narratives that fit the current market. Hence the odd timing of news stories and whatnot. They push trades implied by fundamentals over the edge so to speak.


What is fundamental? Ask a dozen legacy traders or economists and you are likely to get a dozen different answers. Some say its moving averages, some say its interests rates and employment percentages. Some craft aggregates of these "fundamentals" with odd names like Boom-Bust Barometer or Consumer Comfort Index. The point being what is fundamental to you can be entirely different to someone else depending on where you stand.

For me, what is fundamental is air, water and food. Does that mean I should index crop yields and pollution emissions against bitcoins price? Maybe..but most likely not, at least for now.

Bitcoin is "worth" what someone is willing to pay for it..no more..no less. All I really know is one of my bitcoins is still worth one bitcoin and is likely to stay that way for a very long time.
3614  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 05:55:27 AM
Yea..good point. Was just a friendly service announcement in case anyone had forgotten.   Tongue

Thanks for fixing the poll.

----------
C&H potential spotted...interesting.
4h
3615  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 05:33:17 AM



------------
1h

3616  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 03:17:27 AM
New poll seems a bit borked.

----

3617  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 02:01:16 AM
The volume is solid but it’s not spectacular.   It definitely is not the largest ever.  We know 90% of the volume on most exchanges listed on Coinmarketcap is fake.  

Maybe 15.11.4?  Somewhere in the neighborhood of 105k on the buy side..33k on the sell.

*edit*
Looks like 13.12.18 actually..whatever...   And really on further reflection..this is all exchanges now. There are many more today then previous years.

There are more coins being traded in more places so perhaps there is some sense to it after all.
3618  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 01:33:31 AM

I find it strange that this is not reflected in the volume data for more reputable exchanges like Stamp.


Oh its there..but perhaps a bit more cleverly masked..  Volume has been up since the sell off started mid Nov. and at the end of the month someone started buying the dumps. Its pretty much continued thru Dec. until a week ago when the dumper either ran out of coin or...something else happened. #dyor
 
3619  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 01:15:55 AM
This would be easy.  Just pick an exchange like Coinbase and put up 1000 BTC buy walls until you have what you want.  Plenty of bears and panicking newbs around now days to sell into them.


Its really not all that easy as you would think. Even a 1k buy could move the price quite substantially..not to mention fee's. As in most cases its a time factor however.
3620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 22, 2018, 01:01:44 AM
A contact of mine who works in finance just asked me how he could buy 30,000 BTC on behalf of one of his clients

So uh anyone want to do an OTC give me a PM. Introduction only, DIYR yadda yadda

I told him to go speak to Cumberland as well. 

Ballzy if I had to use a descriptor..    Anyone throwing 125 mio down right now has obviously been training with Bob. Is this just a "contact"? or a friend? If a friend you might caution them that we are probably not out of the woods as of yet.

--------------
Pages: « 1 ... 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 [181] 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!